GrubHub Inc (NYSE:GRUB) COO Sells $1,283,612.07 in Stock

GrubHub Inc (NYSE:GRUB) COO Stanley Chia sold 17,727 shares of the stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $72.41, for a total value of $1,283,612.07. Following the completion of the transaction, the chief operating officer now directly owns 1,216 shares of the company’s stock, valued at $88,050.56. The sale was disclosed in a filing with the SEC, which is available through this link.

Stanley Chia also recently made the following trade(s):

  • On Monday, February 5th, Stanley Chia sold 22,307 shares of GrubHub stock. The stock was sold at an average price of $71.76, for a total value of $1,600,750.32.
  • On Wednesday, January 3rd, Stanley Chia sold 6,597 shares of GrubHub stock. The stock was sold at an average price of $71.00, for a total value of $468,387.00.
  • On Tuesday, December 5th, Stanley Chia sold 645 shares of GrubHub stock. The shares were sold at an average price of $66.54, for a total value of $42,918.30.

Shares of GrubHub Inc (NYSE GRUB) traded up $2.26 on Tuesday, reaching $88.96. 335,153 shares of the company’s stock were exchanged, compared to its average volume of 2,033,410. The company has a market capitalization of $7,520.00, a PE ratio of 79.30, a price-to-earnings-growth ratio of 3.06 and a beta of 1.54. GrubHub Inc has a 1 year low of $32.43 and a 1 year high of $94.89.

GrubHub (NYSE:GRUB) last issued its quarterly earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.07. The business had revenue of $205.10 million during the quarter, compared to analyst estimates of $201.55 million. GrubHub had a net margin of 14.49% and a return on equity of 8.47%. GrubHub’s revenue for the quarter was up 49.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.23 earnings per share. research analysts predict that GrubHub Inc will post 1.22 earnings per share for the current year.

A number of analysts have recently issued reports on GRUB shares. Guggenheim started coverage on GrubHub in a report on Monday. They issued a “buy” rating and a $85.54 target price for the company. Oppenheimer increased their target price on GrubHub to $100.00 and gave the company an “outperform” rating in a report on Friday. Cowen reaffirmed a “buy” rating and issued a $96.00 price target on shares of GrubHub in a research note on Friday. Goldman Sachs Group upped their price target on shares of GrubHub from $80.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Credit Suisse Group set a $80.00 target price on shares of GrubHub and gave the stock a “hold” rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $75.70.

Several institutional investors have recently modified their holdings of GRUB. First Trust Advisors LP increased its holdings in shares of GrubHub by 996.8% in the fourth quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider’s stock valued at $115,624,000 after purchasing an additional 1,463,539 shares in the last quarter. Caledonia Private Investments Pty Ltd increased its holdings in shares of GrubHub by 8.0% in the third quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock valued at $563,614,000 after purchasing an additional 790,969 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of GrubHub in the second quarter valued at approximately $28,875,000. Sylebra HK Co Ltd acquired a new stake in shares of GrubHub in the second quarter valued at approximately $27,341,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of GrubHub in the second quarter valued at approximately $27,237,000.

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About GrubHub

Grubhub Inc provides an online and mobile platform for restaurant pick-up and delivery orders. Its products include Grubhub and Seamless Mobile Applications and Mobile Website, Grubhub and Seamless Websites, Corporate Program, Delivery, Allmenus and MenuPages, Grubhub for Restaurants, and Restaurant Websites.

Insider Buying and Selling by Quarter for GrubHub (NYSE:GRUB)

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